Funding Opportunities

To help you pay your Algonquin College co-op student, there are several provincial and federal funding opportunities to help offset some of your salary costs.

The Algonquin College Co-op Department can help you navigate how to access each of these funding opportunities. Please contact us at coop@algonquincollege.com and we will guide you through the process.

Student Work Placement Program (SWPP)

Employers can apply for wage subsidies for help hiring post-secondary students through the Student Work Placement program.

  • Up to $5,000 for every student you hire through the program
  • Up to $7,000 for every student you hire that is in their first year or is from an under-represented group including:
    • women in STEM
    • persons with disabilities
    • newcomers
    • Indigenous students
    • visible minorities

You may qualify for up to 75% in wage subsidies (to a max. of $7500) per co-op student you hire.

Please note that international students do not qualify for SWPP funding.

Student Work Placement Programs – Canadian Media Producers Association (CMPA) (cewilcanada.ca)

BIOTalent Canada

BIOTalent Canada

Potential Programs: Bachelor of Commerce (E-Supply Chain Management) (Honours), Biotechnology Advanced, Environmental Management and Assessment, Environmental Technician, Computer Engineering Technology – Computing Science, Computer Programmer, Computer Systems Technician, Regulatory Affairs – Sciences, Bachelor of Technology (Digital Health), etc.

Wage Subsidy:

  • Up to $ 7 000 in wage subsidy per student hired.

Eligible Employers: Organizations within the Bio-health, Bio-energy, Bio-industrial, Agri-Biotech industry or the co-op position is focused on bio-economy tasks.

Eligible Students:

  • Registered in a Science Technology, Engineering, Mathematics or Business program at a Canadian post-secondary institution.
  • Canadian citizen, permanent resident, or hold refugee status.
  • Legally entitled to work according to the relevant provincial legislation and regulations.

International students do not qualify for this source of funding.

Application Process: Employers are asked to submit an online application form. Employers are asked to apply for the funding before selecting their student.

Approval Timeline: 5-10 business days

Contact: Joanne Jordan  askme@biotalent.ca

Canadian Agricultural Human Resources Council – Growing Opportunities

Canadian Council for Aerospace and Aviation (CCAA)

Electricity Human Resources Canada (EHRC)

Environmental Careers Organization of Canada (ECO Canada)

Excellence in Manufacturing Consortium

Food Processing Skills Canada (FPSC)

Information and Communication Technology Council (ICTC)

Magnet

Mining Industry Human Resource Council (MiHR)

Mitacs – Accelerate

Ontario Chamber of Commerce

Technation Career Ready Program

Tourism HR Canada – Propel Student Work Placement Program

Trucking HR – Canada

Other funding opportunities

Opportunities Fund for Persons with Disabilities

This federal funding program helps people with disabilities prepare for, obtain and maintain employment.  Funding is available up to three years towards wage subsidies, work experience development, and financial support to incorporate new services and technology that help integrate the new hire into the workplace. Click here for more information on the Opportunities Fund for Persons with Disabilities. 

Co-operative Education Tax Credit (CETC) – Up to $3,000

Canada Summer Jobs

Hiring your co-op student after graduation

Co-op students make a significant contribution to the organizations they work for, and as a result employers often want to keep them on staff even after co-op ends and students graduate. Below you will find some funding opportunities to help convert your co-op hire into a more long-term hire after graduation.

Employment Ontario Service Offices

Employment Ontario Service Offices

Funding and resources may be available for registered Ontario businesses looking to hire staff.

Contact: contactEO@ontario.ca

Environmental Youth Corps (EYC) Internship Program – Up to $15,000

Natural Resources Internships (CICan)

Clean Tech Internships (CICan) – Up to $30,000